Xstrata shares climb after reaching labor deal

LONDON (MarketWatch) -- Shares in Xstrata
uk:xta
were up 2.1% in early London trade after the company reached a tentative labor deal at its Sudbury, Ontario mine. The operations represent about 4% to 5% of global nickel supply. Separately, Australian miner CuDeco said it wasn't in takeover talks with Xstrata.

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